Lifestyle creep, the increase in spending post-raise, can harm finances. Counter by automating savings: divert part of raise to retirement, emergency funds, or investments.
Enjoy success without jeopardizing long-term goals. Limit discretionary spending increases to 30% for fun upgrades, allocating the rest to debt or future objectives.
Allocate raise wisely now.
By setting clear limits on discretionary spending, you can enjoy success without financial setbacks.